Sotheby's (BID) Tops Q3 EPS by 5c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

Go back to Sotheby's (BID) Tops Q3 EPS by 5c

Sotheby’s Reports 2018 Third Quarter Financial Results

November 1, 2018 7:01 AM EDT

NEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Sothebys (NYSE: BID) today reported its financial results for the third quarter and nine months ended September 30, 2018. 

For the three months ended September 30, 2018, Sothebys reported a net loss of ($27.8) million, or ($0.55) per diluted share. These results represent a decline of 19% from ($23.5) million and 22% from ($0.45) per diluted share in the prior period.  However, after excluding certain items, Adjusted Net Loss* for the three months ended September 30, 2018 improved $2.7 million (11%) to ($20.8) million when compared to the prior year. This improvement is largely due to a 30% increase in Net... More